Several firms act on the acquisition of Mineração Taboca to CNMC
Several firms act on the acquisition of 100% of the equity interest of Mineração Taboca, held by Minera Latinoamericana, a company owned by Minsur, to China Nonferrous Mining Metal Company (CNMC).
Mineração Taboca, the largest producer of refined tin in Brazil, which operates the Pitinga mine in the city of Presidente Figueiredo/AM and a metallurgy unit in Pirapora do Bom Jesus/SP.
CNMC is a Chinese company engaged in the development of non-ferrous mineral resources and construction projects in China and abroad.
The closing of the transaction is subject to the fulfillment of certain conditions precedent and, if completed, could reach an amount of US$ 340 million (approximately BRL 2 billion).
Pinheiro Neto act as Brazilian counsel to Minera Latinoamericana and Minsur and relied on partner Joamir Müller Romiti Alves (pictured); associates Otavio Bastos Moherdaui, Cecília Gondim Serra, Paula Rodovalho Silva.
Sullivan & Cromwell act as UK counsel to Minera Latinoamericana and Minsur and relied on partner Ben Perry and associate Ben Toscano.
Cuatrecasas was Peruvian counsel to the same partie and relied on partner Oscar Trelles.
Demarest Advogados was Brazilian counsel to CNMC Trade Company Limited and relied on led partner Lucas Tavares (pictured right); partners Min Gon Kim, Izabella Reis, Rosi Costa Barros; associates Ana Claudia Manzatto, Beatriz Nogueira Buchaim, Laura Guzzo, Melissa Lee Thia Chen, Pedro Galani Vasconcelos.
PPU- Philippi Prietocarrizosa Ferrero DU & Uría (Peru) advised the same partie and relied on partner Rafael Lengua and principal associate Sergio Cueva.
Zhong Lun was Chinese counsel to CNMC Trade Company Limited and relied on partner Yibai Xu.
